Zitat:"Canopy Growth Corp. (TSXV:CGC), formerly known as Tweed Marijuana. The largest licensed producer in the country, Zanberg believes this is among the very strongest of brands, and is well-suited to succeed in the recreational market. The analyst thinks the company’s 350,000 square-foot greenhouse facility has the potential for low-cost production.
Zandberg thinks recent investments from Canopy will bear fruit in the future, even if they don’t look so good on the balance sheet now.
“During the fourth quarter Canopy’s cost of production soared compared to the sale of product.,” he says. “This was a direct result of the company’s phenotyping process where the production is focused on selecting new and improved strains rather than growing product for sale. We believe that this investment will pay dividends in a recreational market where the quality of experience will matter more than in the current medical marketplace. ”
Zandberg has a “Buy” rating and one-year price target of $4.25 on Canopy Growth Corp. " ENDE Zitat
Source:www.stockhouse.com/companies/bullboard/...on/2?postid=25086479
Zandberg thinks recent investments from Canopy will bear fruit in the future, even if they don’t look so good on the balance sheet now.
“During the fourth quarter Canopy’s cost of production soared compared to the sale of product.,” he says. “This was a direct result of the company’s phenotyping process where the production is focused on selecting new and improved strains rather than growing product for sale. We believe that this investment will pay dividends in a recreational market where the quality of experience will matter more than in the current medical marketplace. ”
Zandberg has a “Buy” rating and one-year price target of $4.25 on Canopy Growth Corp. " ENDE Zitat
Source:www.stockhouse.com/companies/bullboard/...on/2?postid=25086479